Ames to close 47 stores in 10 states by October
Ames Department Stores plans to close 47 locations in 10 states by end of October as part of a broad consolidation. The cuts impact about 2,000 employees with some workers offered internal transfers. The moves follow a first quarter loss and ongoing weak sales, with many closures concentrated in Ohio and Pennsylvania.
MENTIONED IN THIS ARTICLE
Rocky Hill, Conn
Ames Department Stores Inc
Ames
Joseph Ettore
West Virginia
Middletown Mall
Fairmont
Huntington
Charleston
Hurricane
Putnam County
New Martinsville
Wetzel County
Vienna
Wood County
Ohio
Pennsylvania
Hills Stores Co
Virginian Industrial Park project aims for expansion in Princeton
The plan includes a 51 000 square foot building on 14 acres in the Virginian Industrial Park. Renovations to the old Virginian Railroad maintenance building will be owned by Star Acquisitions and leased with a purchase option to Tabor Machine Norris Screen. Revenue bonds capped at 10 million dollars, with county commission not obligated. The commission supports park development and seeks state funding for an industrial access road from Second Street to the park, targeting July 17 2001 to June 30 2002. Wisdom Media seeks a new studio facility to consolidate 100 Bluefield employees, boosting production and call center jobs, with stepped tax relief for four years.
MENTIONED IN THIS ARTICLE
Princeton
Star Acquisitions
Samuel L. Link
Tabor Machine
Norris
Virginian Industrial Park
Development Authority
Mercer County
West ‘Virginia
Wisdom Medi’a
Commission
Bailey
Wisdom
Bluefield
Wisdom Media
Also Mentioned on This Page
Daily Telegraph
G. Frank Britton III
D.D. Family Eye Health Care Clinic
Cumberland Rd
Aere
Branty
Toshiba
SONY
Moconta
Trusurround
Zy Ua A
Matis Ab Ee Purchase
Hitachi
MTS
SAP
REX
IRS
Panasonic
Mult
CANON
Ade
Were
Isd Mas
MTS Stereo
Free
USA
JVC
Deska Ods
Fabri
Jean
Eureka
Pioneer Supertuner
Ea LN
Sony Mobile
Hotpoint GE
Raleigh Mall
Beckley, WY Parkway
Bristol, TH
ROSSW
Mercer Mall
U.S
Oaklands Ave
Fort Henry Dr
Johnson City
Kingsport
HARP
Philips
RCA
Trinitron
Magnavox
Fli
Ee Eeeiene
Cribe Unas
Ital Choic
Guardea
HBO
STARZ
Showtime
Directv
Boss Steno
O’sullivan
Nith Sheh
Ullivan
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